Between 1995 and 2019 in the US, the richest 10 per cent of US households increased their share of equity, pooled funds and retirement savings by seven percentage points to two-thirds of the total, largely at the expense of the next 40 per cent of households
The economic reforms initiated in 1991 were largely out of compulsion to avoid the government defaulting on its debts. Yet, the fact that India chose to massively reform the regulations instead of some other alternative has had lasting positive effects
As fuel price reforms hang fire, Centre’s move to diversify sourcing of oil could provide some cushion against future crude shocks
The impressive job gains are in contrast to widespread claims that businesses couldn’t expand because of generous unemployment benefits
India’s opting out of the RCEP despite two QUAD members pushing for it goes against New Delhi’s Indo-Pacific and North East Region development goals
In today’s edition of Moneycontrol Pro Panorama: Macro readings look better, the oil trouble, a potential market steroid, Shankar Sharma’s take on reforms, bankers’ concerns, the Green Pivot, pre-earnings updates, reverse swing on oil and much more
The pressure on listed oil majors could have unintended consequences if production passes to private or state-owned companies
RBI survey shows bankers pessimistic about post pandemic recovery
For me personally, and for my contemporaries, it is a bittersweet realisation that had it not been for the 1991 economic crisis which forced India to liberalise, India’s economic trajectory would have been different
If we play our cards smartly, China’s loss could be India’s gain
India has been the largest regional contributor to Afghanistan’s reconstruction while keeping away from entering into any kind of defence relationship with the country
The dilemma for the auto OEMs and components makers presently is “to do or die” amid the sure shift towards green technologies.
In today’s edition of Moneycontrol Pro Panorama: No PMI relief, rough patch for rains, Marico’s investor update, Voda Idea’s struggles, 30 years of reforms, the Green Pivot, GuruSpeak and more
Indian banking has come a long way since 1991. The private banks have played an instrumental role in this transition bringing new technology and products to the banking space. However, despite this, Indian banking is still a work in progress on some core issues
Mayawati faces a do-or-die battle in Uttar Pradesh next year. The BSP risks losing relevance and ceding the main opposition status to the SP unless she improves the party’s visibility, communication and strategy
Tentative steps at liberalisation reflect fears over the strong renminbi and risks of a bubble in domestic markets
America has already been through a renaissance — it is unlikely to be reborn again
Both the manufacturing and services sectors shrank last month
The OECD/G20 initiative on taxes that India joined and the G7 agreement earlier in the year hold out hope for making big multinational corporations pay more taxes. But the details need to be hammered out first
The central bank’s concerns range from financial stability to the emergence of “too-big-to-fail” entities and monopolies
Companies plug into different strategies to power electric mobility as government gears up to frame a battery management policy
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams.
Chinese diplomatic practices and interactions hardly changed in the first half of the 100 years of Chinese communist diplomacy. It was not until Beijing became a member of the United Nations in 1971 that its communist rulers had full exposure to global diplomatic practices
In today’s edition of Moneycontrol Pro Panorama: Changing landscapes for oil, taxation, Herd Immunity Tracker, questions on RBI stress test, UPL’s growth pitch, Robinhood IPO by numbers, Weekly Tactical, and much more
Error rate for RBI projections in its stress test high
